Press releases

MDM project pipeline shift

MDM awarded the EPC contract for Tharisa Minerals Chromite & PGM Expansion Project in South Africa

30 November 2011

MDM Engineering Group Limited (“MDM”) the minerals process and project management company focused on the mining industry, is pleased to announce that it has been awarded and signed the contract for the Engineering, Procurement & Construction (“EPC”) of Tharisa Minerals (Pty) Ltd (“Tharisa”) Chromite and Platinum Project in South Africa, near Marikana. The EPC contract has been awarded on a fast track basis and the project is expected to be commissioned in August of 2012.

At steady state, the Tharisa Expansion project will process some 3, 6 million tonnes per annum of run of mine ore.

George Bennett, MDM Executive Director said:
“This is a significant step forward in the expansion of the Tharisa project. MDM look forward to developing a strong working relationship with Tharisa Minerals and developing more projects with them in the future.  MDM started the execution project in May 2011, which is on schedule and progress to date is some 40% complete.  It is the third Platinum project that MDM has been involved in over the last three years and confirms MDM expertise in this area”.

Enquiries:

MDM Engineering Group Limited

Martin Smith (CEO)
George Bennett (Executive Director)
Dominique de la Roche (Finance Director)
Tel: +27 (0) 11 993 4300

Collins Stewart Europe Limited

John Prior
Sebastian Jones
Tel: +44 (0)20 7523 8350

Tavistock Communications

Paul Youens
Emily Fenton
Tel: +44 (0)20 7920 3150

KEY INFORMATION:
MDM:
MDM Engineering Group Limited is a minerals process and project management company focused on the mining industry. The Company provides a wide range of services from preliminary and final feasibility studies, through to plant design, construction and commissioning. To date, the Company’s clients have largely been junior and mid-tier mining corporations with operations in Africa.

The MDM Engineering core technical team has a 23 year track record of completing a wide range of studies and execution projects across a variety of minerals, including precious metals, base metals, ferrous and non-ferrous metals, uranium and diamonds.

The Company has adopted an approach to project execution based on an open-book Engineering, Procurement, and Construction Management “EPCM” or “cost-plus” basis and on an Engineering, Procurement and Construct (EPC) basis. With a core focus on Africa, MDM Engineering is setting the benchmark standard for best practice in the mining services industry through its commitment to providing the highest quality services and actively engaging with clients to ensure maximum transparency.

Tharisa:
Tharisa Minerals (Pty) Ltd (“Tharisa”), a subsidiary of Tharisa Limited, is currently constructing a chrome and PGM mine and associated mineral separation plant near Marikana, some 30 km east of Rustenburg, in South Africa.

Tharisa is a European-headquartered mining and metallurgical group. The Group’s strategic objective is to generate value by becoming a leading, vertically integrated mining group focused on the PGM industry and steel supply chain, with its world-class South African mining assets serving growing Chinese and global demand through integrated processing, trading and logistics operations.

 

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